4//SEC Filing
Pope Todd 4
Accession 0001209191-19-007895
CIK 0000876378other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 8:02 PM ET
Size
20.8 KB
Accession
0001209191-19-007895
Insider Transaction Report
Form 4
Pope Todd
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2019-02-04+286,778→ 939,277 total - Tax Payment
Common Stock
2019-02-04$2.57/sh−86,861$223,233→ 852,416 total - Award
Stock Option
2019-02-06+920,000→ 920,000 totalExercise: $2.47Exp: 2029-02-06→ Common Stock (920,000 underlying) - Award
Restricted Stock Units
2019-02-06+613,000→ 613,000 total→ Common Stock (613,000 underlying) - Exercise/Conversion
Restricted Stock Units
2019-02-04−89,556→ 179,111 total→ Common Stock (89,556 underlying) - Exercise/Conversion
Restricted Stock Units
2019-02-04−104,000→ 208,000 total→ Common Stock (104,000 underlying) - Exercise/Conversion
Restricted Stock Units
2019-02-04−52,667→ 52,666 total→ Common Stock (52,667 underlying) - Exercise/Conversion
Restricted Stock Units
2019-02-04−40,555→ 0 total→ Common Stock (40,555 underlying)
Footnotes (5)
- [F1]This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
- [F2]Vests 25% on the first anniversary of the date of grant and 1/48th of the entire award monthly on the vesting date anniversary for 36 months, subject to acceleration as set forth in the Incentive Plan and the Reporting Person's Employment Agreement with the Company.
- [F3]Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
- [F4]Forfeiture restrictions will lapse on the restricted stock units in three substantially equal annual installments of 204,334, 204,333 and 204,333 on February 4, 2020, 2021 and 2022 as long as the Reporting Person remains in the employ of the Registrant, subject to acceleration as set forth in the Incentive Plan and the Reporting Person's Employment Agreement with the Company.
- [F5]Forfeiture restrictions will lapse as to 1/3rd of the restricted stock units on February 4 of each of the first three years following the date of grant, as long as the Reporting Person remains in the employ of the Registrant, subject to acceleration as set forth in the Incentive Plan and the Reporting Person's Employment Agreement with the Company.
Documents
Issuer
TRANSENTERIX INC.
CIK 0000876378
Entity typeother
Related Parties
1- filerCIK 0001584367
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 8:02 PM ET
- Size
- 20.8 KB